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Operating Segments and Geographic Information (Tables)
12 Months Ended
Jun. 30, 2012
Operating Segments and Geographic Information  
Schedule of information on reportable segments

Information on reportable segments is as follows (in millions):

 

 

 

Years Ended

 

 

 

June 30,

 

July 2,

 

July 3,

 

 

 

2012

 

2011

 

2010

 

 

 

 

 

 

 

 

 

Net revenue:

 

 

 

 

 

 

 

Communications Test and Measurement

 

$

755.4

 

$

814.7

 

$

652.2

 

Communications and Commercial Optical Products

 

701.6

 

770.8

 

499.3

 

Advanced Optical Technologies

 

206.0

 

208.1

 

205.3

 

Deferred revenue related to purchase accounting adjustment

 

(0.6

)

(11.7

)

(9.5

)

Net revenue

 

$

1,662.4

 

$

1,781.9

 

$

1,347.3

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

Communications Test and Measurement

 

$

98.3

 

$

119.4

 

$

81.5

 

Communications and Commercial Optical Products

 

72.0

 

130.0

 

33.4

 

Advanced Optical Technologies

 

72.6

 

77.7

 

83.8

 

Corporate

 

(89.0

)

(96.1

)

(99.6

)

Total segment operating income

 

153.9

 

231.0

 

99.1

 

Unallocated amounts:

 

 

 

 

 

 

 

Stock based compensation

 

(48.6

)

(40.9

)

(42.4

)

Acquisition-related charges and amortization of intangibles

 

(80.0

)

(94.6

)

(81.9

)

(Loss) gain on disposal and impairment of long-lived assets

 

(1.2

)

(1.5

)

2.0

 

Restructuring and related charges

 

(12.4

)

(14.8

)

(17.7

)

Realignment and other charges

 

(11.3

)

(6.7

)

(4.8

)

Interest and other income, net

 

11.2

 

2.2

 

8.2

 

Interest expense

 

(27.3

)

(25.4

)

(24.3

)

Gain on sale of investments

 

1.6

 

3.4

 

13.1

 

Income (loss) before income taxes

 

$

(14.1

)

$

52.7

 

$

(48.7

)

Schedule of revenue by geographical region

The Company operates primarily in three geographic regions: Americas, Europe and Asia-Pacific. The following table presents net revenue and identifiable assets by geographic regions (in millions):

 

 

 

Years Ended

 

 

 

June 30,

 

July 2,

 

July 3,

 

 

 

2012

 

2011

 

2010

 

Net revenue:

 

 

 

 

 

 

 

Americas

 

$

833.2

 

$

859.4

 

$

650.0

 

Europe

 

400.7

 

473.8

 

373.6

 

Asia-Pacific

 

428.5

 

448.7

 

323.7

 

Total net revenue

 

$

1,662.4

 

$

1,781.9

 

$

1,347.3

 

Schedule of long-lived assets by geographical region

Long-lived assets, namely net property, plant and equipment were identified based on the operations in the corresponding geographic areas.

 

 

 

Years Ended

 

 

 

June 30,

 

July 2,

 

 

 

2012

 

2011

 

 

 

 

 

 

 

United States

 

$

108.1

 

$

115.7

 

Other Americas

 

14.0

 

13.7

 

China

 

80.6

 

61.5

 

Other Asia-Pacific

 

32.3

 

33.5

 

Germany

 

10.6

 

15.3

 

Other Europe

 

7.3

 

9.2

 

Total long-lived assets

 

$

252.9

 

$

248.9